legendary trader

Chapter 647 Chapter 648 Digging a Pit

On the Nasdaq market on Monday, 6% of the stocks rose and 4% fell. The Nasdaq also opened 4 points higher at 2890.73 points. Although the increase was not large, Chen Fan felt that something was wrong with the market.

Normally speaking, the rise on the weekend is very reluctant, and it is right to open lower on Monday, and it is normal to open higher now, but
After thinking about it, Chen Fan gave up the idea of ​​continuing to think about this matter. He will know after 2 minutes after the market opens. If it is a quick dive after the market opens, then the trend is considered normal.

A few minutes later, when the rice stock market opened for trading, the Nasdaq index jumped straight up. It quickly broke through 2900 points and set a new record high of 2897.53 points. The violent trend still surprised Chen Fan.

At the close of the last trading day, although the Nasdaq was on the verge of falling, the similar trend had already appeared twice, so the third closing above 2880 points did not make Chen Fan feel that the market could break through again, although he thought about pulling it down. The market, but there is no delusion that it can break through new highs.

Although there are only a few points, those points are often as insurmountable as a natural moat, otherwise there will be no previous two attacks here, and they all returned in vain.

But this time, Chen Fan thought that the market rise was instigated by himself, and it approached the record high again. Without his own effort, how could the index break through without authorization?
At this time, Chen Fan had temporarily forgotten Qualcomm, which really needed his attention, and turned all his attention to the trend of the Nasdaq. At this time, most of the stocks in the market showed a short-term excited trend because the index hit a new high. , Many stocks have gone out of a wave of rapid upward trend.

After all, the index hitting a new high just means that the stock prices of most stocks are at a high level. There are still many stocks in the market whose stock prices are far lower than the previous record high of the Nasdaq.

Now, these stocks that have been weaker during this period of time have begun to make up collectively under the stimulation of the Nasdaq hitting a new high, which means recovering lost ground.

Soon, Chen Fan couldn't understand whether the market's rise last Friday and pushed the index higher was his own self-righteous idea, or did it really play a role? Why now, looking at the market trend, it seems that he is no longer strong on Friday The market, the market seems to have a trend of surging to new highs today.

In this wave of rising, the Nasdaq directly rushed to around 2908 points before stopping the rising pace. The index began to change and pull back. After the market was briefly excited, the selling orders gradually increased. No matter how violent the rising market is, it is indispensable. A player who pays when he sees it.

Although I don't know whether it is right or wrong to enter the market at this time, but whenever the market rises sharply, people who make a profit and leave the market are absolutely indispensable.

When Chen Fan looked away and turned his attention back to Qualcomm stock, the stock price of Qualcomm had risen to 26.93 yuan, and the stock price was approaching the 27 million mark again.

After several consecutive buy orders came in to sweep the market, the sell order at the selling price of 27 yuan was also displayed, 37 shares, not too much, at least not as much as Chen Fan imagined.

After the market opened for trading, Qualcomm fluctuated slightly at 26.64 yuan. After hitting an intraday low of 26.62 yuan, it began to rise with the riots in the Nasdaq market. I didn't put in many buy orders, but stimulated by the index hitting a record high, off-market funds also impulsively entered the market to scan the market, and quickly pushed up Qualcomm's stock price.

Although the Nasdaq began to pull back at this moment, the really strong stocks will really show their glory at this time.

The previous rise was the rise of the market as a whole, and it was impossible to see whether the stocks were good or bad. However, when the market entered an adjustment, when all the mud and sand were falling, investors would really feel that although it was hard work, it was hard to blow all the sand. To the true meaning of gold.

Gold always shines, and when the market collectively pulls back again, it will finally burst out again.

For most investors, screening stocks is a very difficult task. After buying stocks, it is very painful to see other junk stocks rise, but the stocks they think are good do not rise or even fall. Son.

Of course, the prerequisite is that you really have a good understanding of the situation of this stock and have not been deceived by false information.

But at this time, when the Nasdaq began to pull back, and when the stocks that had risen very happily before began to pull back sharply, the stocks that had risen less before and really had capital support began to emerge at this time.

This time, Qualcomm was approaching the 27-meter mark, and there were no repeated washes as Chen Fan imagined. Stance.

But maybe it was because of this habit. When the stock price reached 26.98 yuan, the sound of tapping on the keyboard behind Chen Fan slowed down, and Chen Fan unconsciously moved his ears.

Although Chen Fan is still following his feelings about the market and control of the market, most of the time it is only after looking at some market data and analyzing the market situation in general that Chen Fan can get a general grasp of the situation.

But at this time, Chen Fan instinctively felt that he couldn't stop the action of hitting the barrier. Although it was against the essence of obscene development to increase the volume during the last adjustment, the current situation is that he will adjust tomorrow to seduce some funds. Come in and take the risk of the market falling. Maybe they will admit their losses and leave the market soon. If they lose money and leave, won't the money go into their pockets?
The strong trend cannot be stopped.

In a split second, Chen Fan made this judgment, and then said decisively to He Li: "If you don't wash the dishes, just go straight to 27 yuan, and the adjustment can't be lower than this price."

He Li, who was about to operate according to his own habits, suddenly heard Chen Fan's words. Although he felt a little upset, after all, he was interfered again. In his opinion, this disrupted his trading rhythm, but the boss After all, it is the boss.

Immediately after whispering a few words to the colleagues beside him, a big buy order appeared on Qualcomm's disk again, and the stock price quickly swept away all the selling orders below 26.99 yuan, and faced the 27 selling orders currently listed on 41 yuan.

"15, 30, let me sweep them away." Chen Fan didn't want to hesitate or be weak at this time. Since he wanted to dig a hole for other people in the market, he had to be strong now and not take These chips are given to them in this position, and they are asked to enter the market at a higher price, so make a sound here.

A few seconds later, in a very short period of time, Qualcomm's disk refreshed two active sell orders in a row, 27 shares at 15 yuan, 27 shares at 27 yuan, and about 27 shares appeared at the purchase price of 3 yuan. A buy order for a stock.

At this time, He Li certainly knew what to do. With the sound of the keyboard, the buy orders here quickly became 13 shares and 26 shares, and the pending orders increased rapidly.
(End of this chapter)